# Synergy Rents, LLC 401(k) Plan
Source: https://planprovider.pro/companies/synergy-rents-llc-401k-plan

> Synergy Rents, LLC&#39;s 401(k) plan: 543 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Synergy Rents, LLC

- **Sponsor EIN:** 462661933

- **Sponsor Address:** 10117 PRINCESS PALM AVE SUITE 500, TAMPA, FL, 33610

- **Plan Type:** 401(k)

- **Total Participants:** 543

- **Total Assets:** $16.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|543|$16.0M|$1.2M|$2.1M|

| 2023|415|$12.5M|$986,757|$1.8M|

| 2022|356|$9.2M|$1.1M|$2.2M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| EMPOWER ANNUITY INSURANCE COMPANY O|RECORDKEEPER|$63,514|—|$63,514|

| REGIONS BANK DBA REGIONS TRUST|INVESTMENT ADVISOR|$41,273|—|$41,273|

| BAKER TILLY US, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BAKER TILLY US, LLP](https://planprovider.pro/provider/baker-tilly-us-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $104,787

- **Estimated Expense Ratio:** 0.656% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$107,298|$43,784|—|—|—|

| 2023|$66,388|$30,914|—|—|—|

| 2022|$72,274|—|$72,274|—|—|

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